Business
Business, 23.01.2020 18:31, mirandaperez3412

One benefit of trade is that it:

a. allows for increased specialization and mass-production techniques that lower per unit costs of production.
b. decreases economies of scale, making production more efficient.
c. increases the division of knowledge because trade makes people more self-sufficient, producing more of what they consume.
d. lowers productivity, leading to greater domestic employment.

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Answers: 2

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One benefit of trade is that it:

a. allows for increased specialization and mass-produ...

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